Petroleum Contract Approved
April 29, 2005, London, England. Further to the press release dated March 29, 2005 announcing the signing of a new Petroleum Contract (the “Petroleum Contract”) with China National Offshore Oil Corporation on March 24, 2005 for Block 25/34, Primeline Energy Holdings Inc. (TSX Venture: PEH) is pleased to announce that the Petroleum Contract has been approved by the Ministry of Commerce in the People’s Republic of China on April 22, 2005. The date of commencement of the implementation of the Petroleum Contact will be May 1, 2005.
Peter Kelty
Director
Primeline Energy Holdings Inc.
For More Information Please Contact:
Primeline Investor Relations
Tel. + 44 20 7501 0688
Fax. + 44 20 7501 0699
Toll Free: 1 877 818 0688
E-Mail primeline@pilp.com
Web Site: www.primelineenergy.com
Or
Eric Schjelderup
Port Mercantile Capital Inc. (“Port Mercantile”)
Investor Relations
Tel: +1 604 649 1981
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